Tech news: Ramp, Canopy both announce AI-powered bookkeeping solutions

February 13, 2026 12:07 PM

Ramp, Canopy both announce AI-powered bookkeeping solutions; new Emburse tool uses AI to prevent errors before they start; Bill touts new agents, enhancements to existing ones.

Ramp, Canopy both announce AI-powered bookkeeping solutions

Wanan - stock.adobe.com

This week, both practice management platform Canopy and financial operations platform Ramp announced AI-driven automated bookkeeping solutions.

Ramp's Accounting Agent is described as a specialized AI agent that automates the manual parts of bookkeeping and month-end closes by reviewing and auto-coding transactions the moment they happen, surfacing only those that need human attention. It auto-codes every transaction and bill across every field, including general ledger, department, class, location and custom fields, and codes invoices at the item-level. Ramp learns automatically and improves based on how a customer codes and syncs expenses. The software also reviews policy adherence as well as the accuracy and completeness of accounting fields for 100% of spend in the background. It gives every transaction — across cards and bills — a suggested action (i.e., review GL account, mark ready to sync) so teams know what to fix and what to approve. Ramp's solution also approved routine, low-risk spend, which is synced to an accounting system automatically with full audit logs according to each finance team's guidelines and controls. It also creates and posts accruals automatically at month-end, and schedules a reversal for the following month. It reconciles activity directly against supported ERPs, surfacing mismatches without exports or spreadsheets. The agent is an extension of Ramp's agents for controllers and AP, and is available to Ramp Plus customers.

Canopy Bookkeeping is designed to replace the reactive model with ongoing visibility into client books throughout the month. The software continuously evaluates client financial data and surfaces a picture of data health in real time. The solution flags issues as they arise, creates tasks tied directly to underlying transactions in QuickBooks or Xero, and centralizes client collaboration inside Canopy. It also comes with built-in, configurable reports and reusable templates. Canopy Bookkeeping is currently in closed beta testing, with broader availability planned for summer 2026. Additional details will be shared closer to launch.

New Emburse tool uses AI to stop expense errors before they start

Generated via ChatGPT

Expense management platform Emburse announced the launch of Emburse Assurance, a new AI-powered expense compliance solution that addresses policy issues before submission, and detects fraud, waste and abuse afterward. Before submission, AI analyzes receipt details to catch issues, such as non-itemized receipts or missing tax or payment information, and prompts employees to get the correct receipt in the moment, reducing back-and-forth later in the review process. After submission, Emburse Assurance adds an intelligence layer that analyzes patterns and context across transactions, receipts and expense reports—translating receipts from any language into 32 supported languages—to identify risks such as duplicate expenses, AI-generated or altered receipts, unusually high spend for a specific situation, and out-of-policy items hidden in foreign-language receipts. Organizations can decide which checks will be implemented pre-submission, alerting employees and giving them an opportunity to correct any errors, and which ones will be performed post-submission. In the post-submission phase, Emburse Assurance assigns an overall risk score to each expense, helping organizations prioritize the most important claims for additional human review. The product also features analytics that help finance teams measure the impact and time saved through pre-submission flags, as well as to quantify the risk prevented by AI-driven checks.

Bill touts new agents, enhancements to existing ones

Payments solutions provider Bill announced a set of new AI agents as well as enhancements to existing ones. The new Invoice Coding Agent automatically extracts and codes complex, multiline invoices, learns historical coding patterns and applies them consistently at scale. The new Smart Response Agent, currently available in beta, automatically drafts answers to routine bill and payment questions from vendors and stakeholders, reducing time spent on repetitive email chains and managing vendor information. Bill also expanded its Transaction Agent to enable receipt capture from Gmail and auto-generated receipts and AI-generated transaction notes. Finally, the W-9 agent, previously launched in October 2025, is now available to all Bill AP customers as well as on the Bill mobile app. The W-9 agent autonomously collects tax documents, helping teams stay compliant without adding overhead. Since it launched in October, the Agent has already collected 40,000 W-9s for nearly 10,000 customers, saving them about 1,000 days of manual work.

Laurel launches Signal to determine AI ROI

CEO Ryan Alshak of Laurel

Timesheet solutions provider Laurel released its Signal solution, which provides intelligence into the effectiveness of initiatives and programs, especially concerning AI. Signal captures and analyzes real work patterns and unifies data across time, profitability and operations into a single view in order to provide a holistic understanding of where value is created and where effort is lost. Users get a view of how their own time is spent; Signal then aggregates these real work patterns across teams and the firm to surface insights leaders can act on. By comparing work patterns before and after AI adoption, Signal identifies which tools create leverage and which create noise. In addition to firm‑wide operational and financial metrics, Signal delivers talent insights that benchmark top performers and illuminate workload and burnout patterns.

iDenfy announces new AI automations for know-your-business

Deemerwha studio - stock.adobe.com

Digital identity management solutions provider iDenfy announced new AI-driven automation enhancements to its business verification platform. They include AI Prefill, which automatically extracts company data from official registries and credit bureaus to complete key onboarding fields and cross-check information across 180+ registries in 120+ countries. AI Assistant case summaries and chat history provide compliance officers with conversation logs, document summaries and downloadable audit trails. The Reopening KYB form feature is for when a client reopens an existing Know Your Business link, it opens directly on the company details page and reduces unnecessary steps.

Cleo releases chargeback prevention solution

iQoncept/iQoncept - Fotolia

Cleo, a supply chain solutions company, announced its new Chargeback Prevention solution alongside a new Supply Chain Orchestration Console, a combination designed to help retail suppliers. Instead of discovering compliance failures after payment short-pays and chargebacks, suppliers can measure on-time adherence to trading partner service level agreements for orders, shipments and invoices; detect risk through at-risk milestones allowing for proactive actions; and capture revenue impact to inform decisions and drive improvement. It features, among other things, proactive risk notifications, continuous performance monitoring, comparative scorecards across retailers and carriers, and historical trend analysis tied directly to revenue impact. Complementing this launch, Cleo also introduced its new Supply Chain Orchestration Console, giving customers performance visibility and control with the entire business in one field of view.

LiveFlow launches AI-native ERP for complex entities

(Left to right) LiveFlow CTO Evan O’Brien, CEO Lasse Kalkar and COO Anita Koimur

LiveFlow

LiveFlow, a finance operations solutions provider, announced an AI-native ERP and financial operator designed for businesses in the construction, real estate, food and beverage, and health care industries managing multiple entities, locations, and increasingly complex intercompany activity. The system uniquely brings together an AI-driven accounting ledger and native FP&A — two functions that have traditionally lived in separate systems — with built-in multi-entity consolidation, giving finance teams a single, continuously updated source of financial truth as complexity grows. It is built to process real-time financial activity from the tools finance teams already use, bringing that information straight into its accounting and consolidation workflows.

Partnerships and integrations

Cryptocurrency tax compliance solutions provider CoinTracker and cryptocurrency exchange Coinbase announced a partnership. Coinbase is expanding its tax reporting tools with the integration of CoinTracker's cost-basis reconciliation tool directly in the app, allowing users to automatically fill in any missing cost basis, sync future transfers, and ensure tax documents are ready for filing. … Lease accounting solutions provider Crunchafi and Thomson Reuters have entered into a strategic agreement in which the companies will launch new joint education and enablement initiatives and collaborate on additional resources for firms. As the next step in the partnership, Crunchafi and Thomson Reuters will cohost the live webinar "Lease Changes Under ASC 842: From Technical Guidance to Consistent Execution" to help firms address the evolving complexities of lease modifications, remeasurements and ongoing compliance under ASC 842 using modern, technology-enabled workflows. In addition, Crunchafi will participate in the upcoming Thomson Reuters ASM sales meeting, where company experts will equip Thomson Reuters sales professionals with deeper product knowledge and practical scenarios so they can better support Guided Assurance users seeking to streamline their lease accounting. The companies are also developing implementation guidance, workflow examples and best practices that show how to use Crunchafi's lease accounting capabilities alongside the trusted PPC methodology within Guided Assurance to speed audit work. … Enterprise AI solutions provider Leah (formerly ContractPodAI) has entered into a strategic partnership with PwC UK in which Leah will power the design, deployment and scaling of coordinated AI agents in the design and standup of new-age operating models across global business services. … KPMG is expanding its collaboration with SAP SE through a strategic services partnership agreement. KPMG is now an SAP Global Strategic Service Partner, placing KPMG in the top tier of SAP's partner program. … Billing platform Billing Platform said lending platform Lendkey has selected its Billing solution for a multiyear agreement. … Freedom Debt Relief has integrated with embedded tax solutions provider April to offer free federal and state tax preparation and filing for active clients. Through the partnership, Freedom Debt Relief clients will have access to April's AI-powered tax-filing platform, a service that also includes April's maximum refund guarantee.

Other news

Cloud services provider Leaseweb has achieved ISO 14001:2015 certification for its operations in the Netherlands. This internationally recognized standard for environmental management systems ensures Leaseweb is taking proactive measures to minimize its environmental footprint, is compliant with relevant laws, and is committed to environmental responsibility and sustainable business practices. The ISO 14001:2015 certification was awarded following a rigorous evaluation by EY CertifyPoint. Leaseweb also announced it will showcase its enterprise-class AI-ready infrastructure and cloud solutions at AI DevWorld, one of the world's largest artificial intelligence development events, part of DeveloperWeek, taking place Feb. 18-20, at the San Jose Convention Center. … Insightsoftware has launched a new "AI in Finance & Accounting for Dummies" book focused on practical AI applications for finance teams. People can find the e-book here and additional information here. … Audit confirmation platform Circit announced a $22 million growth equity financing round led by Ten Coves Capital, a New York–based growth equity firm specializing in financial software, with participation from existing investors Aquiline and MiddleGame Ventures. The new capital will be used to invest in product innovation, including AI-powered workflows across all stakeholders in Circit's audit confirmations network; deepen bank API connectivity; and scale go-to-market and customer success teams with a focus on the U.S. and plans to double the Circit team over the next two years.